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FOX Business
Dec 11, 2012 4:00pm EST
medallions. they are required to operate cabs in many large cities including new york. the meters run higher than most other asset classes for decades. >> i don't think we ever thought it would hit a million dollar price. they have gone up 15% per year for 70 years. outperforming the dow, gold, nasdaq and real estate. >> his grandfather bought one of the badges for 10 bucks. 10,000% return since 1937. look at stock when you reinvest dividends, leaving s&p 500 behind in its rear view mirror. david: what do one cost? >> million bucks for the corporate guys. one million bucks or 700,000 for an individual. david: thanks, robert [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind aumatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. st
FOX Business
Dec 28, 2012 4:00pm EST
times earnings, historically trade at ten times, winding down of citi's holdings a benefit to the stock. it's the cheapest in the large cap universe on price to book basis absent bank of america, trading 8% of price to book. i think this is what you want to go into, things with definable catalysts, and when you have a stock rally, the financials participate in the history of markets. it's one you want to hold on. energy side, clearly, energy is not growing in terms of the demand in the u.s.. where it's growing is the rest of the world. >> right. >> we don't have any real opec or non-opec growth in terms of plux. who gets the call? the people who do offshore and deepwater drilling and down hole work. that's why you want to be there. >> global diversions here to some extent. all right, thank you very much, gentlemen, john stevenson and larry, have a great weekend. >> thank you, you too. >> thanks. >> leaders meeting with the president right now this very moment at the white house and the country and entire world watching because if we go off the cliff, markets around the globe could
Search Results 0 to 1 of about 2